Huaneng Renewables (HKSE:00958) Effective Interest Rate on Debt % : 3.95% (As of Jun. 2019)

View and export this data going back to 2011. Start your Free Trial

What is Huaneng Renewables Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Huaneng Renewables's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was HK$2,319 Mil. Huaneng Renewables's average total debt for the quarter that ended in Jun. 2019 was HK$58,717 Mil. Therefore, Huaneng Renewables's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 3.95%.

Huaneng Renewables Effective Interest Rate on Debt % Historical Data

The historical data trend for Huaneng Renewables's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huaneng Renewables Effective Interest Rate on Debt % Chart

Huaneng Renewables Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.11

4.42

3.92

4.29

4.18

Huaneng Renewables Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														4.10	4.26	4.31	4.07	3.95

Competitive Comparison of Huaneng Renewables's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Huaneng Renewables's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Huaneng Renewables's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Renewables's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Huaneng Renewables's Effective Interest Rate on Debt % falls into.

Huaneng Renewables Effective Interest Rate on Debt % Calculation

Huaneng Renewables's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -2492.69	/	( (60892.991	+	58417.983)	/ 2 )
=	-1 * -2492.69	/	59655.487
=	4.18 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36357.773	+	24535.218
=	60892.991

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33329.548	+	25088.435
=	58417.983

Huaneng Renewables's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2018 )	+	Total Debt (Q: Jun. 2019 ))	/ count )
=	-1 * -2318.55	/	( (58417.983	+	59016.454)	/ 2 )
=	-1 * -2318.55	/	58717.2185
=	3.95 %

where

	Total Debt (Q: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33329.548	+	25088.435
=	58417.983

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31877.853	+	27138.601
=	59016.454

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Huaneng Renewables (HKSE:00958) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Huaneng Renewables Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Huaneng Renewables's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Huaneng Renewables (HKSE:00958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Renewables Corp Ltd (HKSE:00958) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23A Fuxing Road, 10-11 Floor, Haidian District, Beijing, CHN

Website

http://www.hnr.com.cn

Huaneng Renewables Corp Ltd is a Chinese electric utility of which the China Huaneng Group, one of the largest state-owned electric utility companies in China, owns a majority stake. Huaneng Renewables invests in, constructs, acquires, and operates renewable energy projects throughout China. Primarily, these projects take the form of onshore and offshore wind farms in northern China and solar power generating facilities in central China. The company generates the vast majority of its revenue by selling electricity produced at its alternative energy projects. Most of the energy generated by the firm comes from its wind power plants, while its solar power plants also produce a substantial amount.

Huaneng Renewables (HKSE:00958) Headlines

No Headlines